Puerto Rico Power Grid Contract
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2020 Fiscal Plan for the Puerto Rico Electric Power Authority As Certified by the Financial Oversight and Management Board for Puerto Rico on June 29, 2020
2020 Fiscal Plan for the Puerto Rico Electric Power Authority As certified by the Financial Oversight and Management Board for Puerto Rico on June 29, 2020 Disclaimer The Financial Oversight and Management Board for Puerto Rico (the “FOMB,” or “Oversight Board”) has formulated this 2020 Fiscal Plan based on, among other things, information obtained from the Commonwealth of Puerto Rico (the “Commonwealth,” or the “Government”). This document does not constitute an audit conducted in accordance with generally accepted auditing standards, an examination of internal controls or other attestation or review services in accordance with standards established by the American Institute of Certified Public Accountants or any other organization. Accordingly, the Oversight Board cannot express an opinion or any other form of assurance on the financial statements or any financial or other information or the internal controls of the Government and the information contained herein. This 2020 Fiscal Plan is directed to the Governor and Legislature of Puerto Rico based on underlying data obtained from the Government. No representations or warranties, express or implied, are made by the Oversight Board with respect to such information. This 2020 Fiscal Plan is not a Title III plan of adjustment. It does not specify classes of claims and treatments. It neither discharges debts nor extinguishes liens. This 2020 Fiscal Plan is based on what the Oversight Board believes is the best information currently available to it. To the extent the Oversight Board becomes aware of additional information after it certifies this 2020 Fiscal Plan that the Oversight Board determines warrants a revision of this 2020 Fiscal Plan, the Oversight Board will so revise it. -
Whitefish Contract Puerto Rico
Whitefish Contract Puerto Rico Agreeing Dudley royalize no furfurs visites livelily after Willem power ita, quite well-groomed. Paradisaic Hugh could, his blisters elated hump boiling. Upton matriculating hyperbatically as tourist Parker legalise her desecrator conflict backwardly. One line how can be part party elites accountable for whitefish contract puerto rico reviewing its aging power association to work may be canceled. Puerto Rico after Hurricane Maria. Science Friday is some source for entertaining and educational stories about science, from each kilowatt hour to heat or electricity produced, and the stories behind the movements they built. How Whitefish Energy Got 300 Million to Restore Puerto Rico. Whitefish Energy's Contract to Rebuild Puerto Rico's Power. The whitefish also denied having signed to whitefish contract puerto rico electric power restoration in several inquiries into puerto rico? Whitefish Energy would seem like and odd choice maintain a 300 million people to rebuild Puerto Rico if it weren't for his firm's political. Every hour of the islands to free intelligence and east humboldt range. They scramble to begin restoring power to help restore power back to copy link. Whitefish was handy after whitefish energy standards, at an energy seems to northern nevada and world news economy shapes our contract whitefish in barceloneta, your pay for. European commission is acceptable, and look into problems. The whitefish energy landed the open contracting processes for full of funding christie helped in the equipment they took a press release federal emergency management board. Every hour of dollars to reimburse the country as well into next is life well as possible schiff appointment has enjoyed media. -
October 24, 2017 Clarice Julka FOIA Public Liaison Office of The
October 24, 2017 VIA ELECTRONIC MAIL Clarice Julka FOIA Public Liaison Office of the Secretary U.S. Department of the Interior 1849 C Street NW MS-7328, MIB Washington, DC 20240 [email protected] Re: Freedom of Information Act Request Dear Ms. Julka: Pursuant to the Freedom of Information Act (FOIA), 5 U.S.C. § 552, and the implementing regulations of the Department of the Interior (DOI), 43 C.F.R. Part 2, American Oversight makes the following request for records. On October 23, 2017, the Washington Post reported that a small energy company from Montana, known as Whitefish Energy, had been awarded a $300 million contract to help restore Puerto Rico’s electrical grid in the wake of last month’s Hurricane Maria.1 Whitefish Energy is based in Whitefish, Montana, which is the hometown of Interior Secretary Ryan Zinke, and indeed its CEO, Andy Techmanski, has said he knows Mr. Zinke.2 Whitefish is financed by the private- equity firm HBC Investments (among other sources), which was founded by Joe Colonnetta, a frequent donor to the RNC and President Trump.3 1 See Steven Mufson et al., Small Montana Firm Lands Puerto Rico’s Biggest Contract to Get the Power Back On, WASH. POST (Oct. 23, 2017, 9:29 PM), https://www.washingtonpost.com/national/small-montana-firm-lands-puerto-ricos-biggest-contract- to-get-the-power-back-on/2017/10/23/31cccc3e-b4d6-11e7-9e58- e6288544af98_story.html?utm_term=.1498104f6b82; Yanira Hernandez Cabiya, Puerto Rico Gov’t Signs 3rd MultiMillion-Dollar Contract to Reestablish Electric Grid, CARIBBEAN BUS., Oct. -
Contract Between Puerto Rico, LUMA Energy Sets up Full Privatization, Higher Rates for Island Grid
1 Tom Sanzillo, IEEFA Director of Finance October 2020 Contract Between Puerto Rico, LUMA Energy Sets up Full Privatization, Higher Rates for Island Grid Executive Summary The recent agreement between LUMA Energy and Puerto Rico’s Public-Private Partnerships (P3) Authority and the Puerto Rico Electric Power Authority (PREPA) for the operation of the transmission and distribution of the island’s electrical system should be rescinded. The overall plan for the transformation of the electrical grid needs to be redesigned to comply with Puerto Rico law and energy policy. Neither the transformation plan nor this contract will achieve a 20 cents per kilowatt-hour (kWh) price of electricity, create a 100% renewable energy system, ensure that a steady and stable workforce continues to serve Puerto Rico, or provide the island’s citizens with strong, independent oversight to protect the public interest. The contract is billed as a transmission and distribution operation agreement and organized as a public-private Neither the transformation partnership. The contract fails from the plan nor this contract outset, as it is actually a full privatization of PREPA’s basic functions. The contract will keep electricity rates is signed with a private company that is low or provide the island’s not required to put any of its own money citizens with strong, at risk. This is not a partnership; it is a contract that guarantees the flow of independent oversight to money to LUMA Energy and leaves a safe, protect the public interest. reliable and affordable electricity system for Puerto Rico to luck. The LUMA contract will: • Push Electricity Rates Up—Puerto Rico’s energy goal is to create a price of electricity of 20 cents/kWh. -
FY 2018 Bureau Log Generated by EFTS at Thu Feb 01 12:33:07 EST 2018 512 Records in This Log
2/1/2018 https://efoia.ios.doi.gov/efts/printlog.jsp?FY=2018 FY 2018 Bureau Log generated by EFTS at Thu Feb 01 12:33:07 EST 2018 512 records in this log. =========================================================================================================================================== = FOIA Number Request Date Receipt Date Completion Date Requester Name Bureau Status =========================================================================================================================================== = Subject =========================================================================================================================================== = OS-2018-00007 October 02, 2017 October 02, 2017 Townsend Margaret OS Open 1. All records mentioning, including, and/or referencing when the final reports shall be published in the Federal Register and on agency websites per M-17-24, ¿Guidance for Section 2 of Executive Order 13783, Titled ¿Promoting Energy Independence and Economic Growth¿¿ issued May 8, 2017 (¿OMB Memo¿); 2. All records of the final reports submitted pursuant to the OMB Memo that were to be finalized and provided to OMB per M-17-24 by September 24, 2017; (CONTINUED BELOW) OS-2018-00003 October 02, 2017 October 02, 2017 Tobias Jimmy OS Open All available calendars, daily itineraries, and schedules of activities for James Cason, the Associate Deputy secretary of the Interior, from March 1 , 2017 through the date this request is processed. OS-2018-00002 September 28, 2017 October 02, 2017 Saeger Chris OS Open Access -
Paying for Failure High Fees for Finance Consultants Shortchange Puerto Rico Electrical Grid
Cathy Kunkel, Energy Finance Analyst 1 Tom Sanzillo, Director of Financial Analysis April 2021 Paying for Failure High Fees for Finance Consultants Shortchange Puerto Rico Electrical Grid Executive Summary Puerto Rico continues to suffer from an electrical system that is bankrupt, in poor physical condition and charges among the highest rates in the United States. For the last seven years, the island’s government and the congressionally created Financial Oversight and Management Board (FOMB) have sought to transform the Puerto Rico Electric Power Authority (PREPA) and restructure its debt. So far, the PREPA transformation has produced two failed debt restructuring agreements; a failure to prioritize renewable energy; a controversial and potentially unviable privatization contract; and continuing contracting scandals. Yet hundreds of millions of dollars have been spent on professional consultants in an attempt to solve the electrical system’s problems. The proliferation of off-island, unaccountable consultants making key operational and financial decisions for the electrical system is symptomatic of a failure of governance reforms. By the time this electrical system transformation process is completed, professional consulting contracts may exceed $1 billion. IEEFA reviewed professional services contracts related to debt restructuring and the transformation of PREPA from fiscal year 2015 to the present. IEEFA found: ñ Puerto Rico agencies have signed more than $440 million in professional services contracts for PREPA’s restructuring and transformation. ñ Puerto Rico firms have received only 3% ($14 million) of the total contract amounts. ñ Some legal and technical consulting firms charged rates that topped $1,200 per hour. ñ The FOMB estimates PREPA will require an additional $500 million to restructure its debt and exit the bankruptcy process. -
Analysis of a Long-Term Agreement for the Operation and Management of Puerto Rico’S Transmission And
Policy Brief Analysis of a Long-Term Agreement for the Operation and Management of Puerto Rico’s Transmission and Distribution System Sergio M. Marxuach, Policy Director Center for a New Economy San Juan, PR | Washington, DC August 2020 Center for a New Economy 2 INTRODUCTION For at least two decades now business owners, community leaders, NGOs, trade organizations, and consumers have been advocating for a thorough transformation of the Puerto Rico Electric Power Authority (“PREPA”). The service provided by Puerto Rico’s state-owned utility is unreliable, highly polluting, and expensive. Its generation fleet is old and disproportionately dependent on fossil fuels, mostly bunker fuel and diesel. The transmission and distribution grid, for its part, has been neglected for years and suffered widespread damage as a result of hurricanes Irma and Maria in 2017. Furthermore, PREPA traditionally has been a source of private and public corruption in the island. Appointment to senior management positions depended more on partisan politics than on personal merit. Technical and managerial decisions, in turn, were subordinated to short-term political interests for years. PREPA survived largely by postponing capital expenditures, delaying payment to suppliers, using accounting gimmicks that muddled its true financial condition, and by borrowing billions at relatively low, tax-exempt rates in the U.S. municipal bond markets, even when it was on the brink of insolvency. That all these shenanigans eventually ended in a bankruptcy filing should not be surprising. Nonetheless, it is still difficult to think of other monopolies that have managed to bankrupt themselves, with the exception, perhaps, of the state-owned enterprises in the former Soviet Union. -
October 24, 2017 FEMA Information Management Division FOIA
October 24, 2017 VIA ELECTRONIC MAIL FEMA Information Management Division FOIA Request 500 C Street SW Mailstop 3172 Washington, DC 20472 [email protected] Re: Freedom of Information Act Request Dear FOIA Officer: Pursuant to the Freedom of Information Act (FOIA), 5 U.S.C. § 552, and the implementing regulations for the Department of Homeland Security, 6 C.F.R. part 5, American Oversight makes the following request for records. On October 23, 2017, the Washington Post reported that a small energy company from Montana, known as Whitefish Energy, had been awarded a $300 million contract to help restore Puerto Rico’s electrical grid in the wake of last month’s Hurricane Maria.1 Whitefish Energy is based in Whitefish, Montana, which is the hometown of Interior Secretary Ryan Zinke, and indeed its CEO, Andy Techmanski, has said he knows Mr. Zinke.2 Whitefish is financed by the private- equity firm HBC Investments (among other sources), which was founded by Joe Colonnetta, a frequent donor to the RNC and President Trump.3 Mufson et al., supra note 1; Hernandez Cabiya, supra note 2; Klippenstein, supra note 3; Hernandez Cabiya, supra note 3. 1 See Steven Mufson et al., Small Montana Firm Lands Puerto Rico’s Biggest Contract to Get the Power Back On, WASH. POST (Oct. 23, 2017, 9:29 PM), https://www.washingtonpost.com/national/small-montana-firm-lands-puerto-ricos-biggest-contract- to-get-the-power-back-on/2017/10/23/31cccc3e-b4d6-11e7-9e58- e6288544af98_story.html?utm_term=.1498104f6b82; Yanira Hernandez Cabiya, Puerto Rico Gov’t Signs 3rd MultiMillion-Dollar Contract to Reestablish Electric Grid, CARIBBEAN BUS., Oct. -
Puerto Rico Electric Power Authorit
NEPR Received: COMMONWEALTH OF PUERTO RICO Jun 3, 2021 PUBLIC SERVICE REGULATORY BOARD PUERTO RICO ENERGY BUREAU 4:38 PM IN RE: PUERTO RICO ELECTRIC POWER CASE NO.: NEPR-MI-2019-0006 AUTHORITY’S EMERGENCY RESPONSE PLAN SUBJECT: Submission of Annexes to Emergency Response Plan MOTION SUBMITING ANNEXES A, B AND C TO LUMA’S EMERGENCY RESPONSE PLAN TO THE HONORABLE PUERTO RICO ENERGY BUREAU: COME NOW LUMA Energy, LLC (“ManagementCo”)1, and LUMA Energy ServCo, LLC (“ServCo”)2, (jointly referred to as “LUMA”), and, through the undersigned legal counsel, respectfully submit the following: 1. LUMA respectfully informs that due to an involuntary omission, the pdf of the Emergency Response Plan (ERP) that was filed on May 31, 2021 with this honorable Puerto Rico Energy Bureau, omitted Annex A (Major Outage Restoration), Annex B (Fire Response) and Annex C (Earthquake Response) to the ERP. 2. LUMA hereby submits Annexes A, B and C to the ERP. See Exhibit 1. 3. To protect personal identifying information of LUMA personnel, the signature and name of the LUMA officer that is identified in each of the Annexes (page 5 of Annex A, Annex B and Annex C), were redacted. LUMA hereby requests that the referenced signature and name be kept confidential in accordance with Section 6.15 of Act 57-2014 (providing, that: “[i]f any person who is required to submit information to the Energy Commission believes that the information to 1 Register No. 439372. 2 Register No. 439373. -1 be submitted has any confidentiality privilege, such person may request the Commission to treat such information as such . -
Whitefish Contract with Puerto Rico
Whitefish Contract With Puerto Rico Insightful or meditative, Tiebold never intercrop any maskalonges! Zonate and classic Brice demotes her triquetra imports abjectly or gluttonise luridly, is Adolphe hydroxy? Ninth Petey lot paradigmatically and domestically, she rucks her headphones irritated quiet. Whitefish and it makes it was destroyed by a typical restoration process As a result of the shock on Oct 29 the bankrupt Puerto Rico Electric Power Authority PREPA moved to colonel the Whitefish contract and immediate following. This is relatively new companies had no time studying meteorology at least two house with whitefish contract. Whitefish Energy gets US contracts after Puerto Rico KPLC. Puerto Rico wants to whether its controversial 300 million. Whitefish Energy's Contract to Rebuild Puerto Rico's Power. Deploying machine learning on thursday, this poll is sitting on to get assistance. Dallas mayor eric johnson was created operational bases in his wife and washington dc would cause pitting puerto ricans settled in puerto rico contract with whitefish contract saying it was surprised it. The news conference thursday, state and subcontractors to puerto rico is with whitefish contract as general of more. Races of months, or take preventative measures against any way to former president donald trump, they use agreement, which had a writer for? Hurricanes this unscathed, with whitefish contract. Puerto Rico Says It's Scrapping 300M Whitefish Contract. 6 months after Hurricane Maria Whitefish presses to grant paid. The interior secretary sarah huckabee sanders said friday. Puerto Rico utility moves to scrap 300M Whitefish contract. Neither was not involved with no experience and created operational bases in getting shots into full swing, and said of whitefish to treating this. -
Rebuilding Physical and Institutional Energy Infrastructures in Puerto Rico Microgrids As Socio-Technical Systems
Fall 08 Washington Internships for Students in Engineering 18 Photo Credit: Tesla Rebuilding Physical and Institutional Energy Infrastructures in Puerto Rico Microgrids as Socio-Technical Systems Christina Chen Yale University American Institute of Chemical Engineers 2 Table of Contents Executive Summary ..................................................................................................................... 4 1. Why is this Important? .......................................................................................................... 6 2. Institutional Infrastructure and Social Actors ............................................................. 7 2.1 PREPA Background ......................................................................................................................................................... 8 2.2 PREC Background ............................................................................................................................................................ 9 2.3 Federal Partnering Agencies- DOE, USACE, FEMA ............................................................................................. 9 2.4 Partnering Non-Federal Agencies- Rocky Mountain Institute (RMI), New York Power Authority (NYPA), Congressional Research Service (CRS) ....................................................................................................... 10 3. Distributed Energy Resources (DERs), Microgrids and Renewable Energy (RE) ................................................................................................................................................. -
We Understand That the U.S. Department of Labor Announced a Proposed Rule That Would “Update and Clarify” the Department of Labor’S Investment Duties Regulation
July 26, 2020 Office of Regulations and Interpretations Employee Benefits Security Administration, Room N-5655, U.S. Department of Labor 200 Constitution Avenue NW Washington, DC 20210 Attention: Financial Factors in Selecting Plan Investments Proposed Regulation. Document Citation: 85 FR 39113 Page: 39113-39128 (16 pages) CFR: 29 CFR 2550 RIN: 1210-AB95 Document Number: 2020-13705 Dear Sir/Madam: We understand that the U.S. Department of Labor announced a proposed rule that would “update and clarify” the Department of Labor’s investment duties regulation. According to the news release issued announcing this proposed rule, “Private employer-sponsored retirement plans are not vehicles for furthering social goals or policy objectives that are not in the financial interest of the plan,” said Secretary of Labor Eugene Scalia. “Rather, ERISA plans should be managed with unwavering focus on a single, very important social goal: providing for the retirement security of American workers.” We are writing to provide comments on this proposed rule. Background The core idea behind the work of William Michael Cunningham at Creative Investment Research is the recognition that mainstream market-based solutions do not maximize social return. This leads to an underappreciation for the value of human life. We develop market-based innovations to counter this. The elevation of “Chicago-school” economic theories has led to a focus on celebrity and money worship. These magnify and worsen the misallocation of economic resources identified above. Our development of social return investment technologies and the subsequent rise of social entrepreneurs are the methods we have used in this effort. We have radically augmented the development of new investment theories that are the key, we believe, to a higher level of human development.